There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Box (BOX) and Wisetech Global (WTCHF) with bullish sentiments.
Box (BOX)
In a report released today, Lucky Schreiner from D.A. Davidson reiterated a Buy rating on Box, with a price target of $50.00. The company’s shares closed last Tuesday at $33.00.
According to TipRanks.com, Schreiner is a 1-star analyst with an average return of -4.9% and a 53.1% success rate. Schreiner covers the Technology sector, focusing on stocks such as Progress Software, Pegasystems, and Monday.com.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Box with a $35.67 average price target, which is a 7.0% upside from current levels. In a report issued on August 12, TipRanks – Google also upgraded the stock to Buy with a $38.00 price target.
